SOBR Safe, Inc.’s stock price skyrocketed on Friday morning after the company announced its decision to withdraw its proposed public offering. The surge comes on the heels of a successful private placement, raising $8.2 million for general corporate purposes and working capital.
SOBR Safe Inc’s stock price plummeted by over 33% on Tuesday after the company announced a private placement of stock. This move aims to raise $8.2 million for general corporate purposes and working capital. The private placement involves issuing units consisting of shares and warrants. The stock’s 52-week high and low are also noted, providing context for the recent decline.
